Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 30 May 2021 - 27 Nov 2021 | 09 Dec 2021 | 48 | 28% | 44% | 28% | 79% |
| 29 Nov 2020 - 29 May 2021 | 11 Jun 2021 | 47 | 40% | 31% | 29% | 69% |
| 31 May 2020 - 28 Nov 2020 | 10 Dec 2020 | 54 | 29% | 31% | 41% | 82% |
| 01 Dec 2019 - 30 May 2020 | 06 Jul 2020 | 46 | 28% | 48% | 23% | 85% |
| 02 Jun 2019 - 30 Nov 2019 | 19 Dec 2019 | 45 | 33% | 43% | 24% | 83% |
| 25 Nov 2018 - 01 Jun 2019 | 19 Dec 2019 | 67 | 11% | 43% | 46% | 80% |
| 27 May 2018 - 24 Nov 2018 | 21 Dec 2018 | 65 | 14% | 43% | 43% | 76% |
| 26 Nov 2017 - 26 May 2018 | 22 Jun 2018 | 63 | 16% | 41% | 43% | 71% |
| 28 May 2017 - 25 Nov 2017 | 18 Dec 2017 | 64 | 15% | 35% | 50% | 70% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
For the reporting period, the most commonly used terms (by reference to number of invoices) was a payment period of 30 days. However, for key suppliers of core materials to our production process, differing terms of longer payment periods were agreed at the discretion of the supplier with the longest being 120 days. Therefore, the weighted average payment period by reference to invoice value would be greater than 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Any complaints or concerns relating to payments should be sent to our Accounts Payable mailbox (accounts.payable@emmettuk.com). If the invoice(s) in question are on hold pending resolution of queries this will be followed up with the relevant team member that placed the order(s). Any other payment queries will be escalated to the Group Treasury Manager and/or the UK Financial Controller for resolution as quickly as possible and to advise of a payment date. Anything requiring further escalation will be referred to the Group Finance Director.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
A. H. WORTH (FOSDYKE) LIMITED is a company, based in the East Midlands region.
From Companies House records.